Lost Titanic Submersible Company Got $450,000 in PPP Loans

South Africa News News

Lost Titanic Submersible Company Got $450,000 in PPP Loans
South Africa Latest News,South Africa Headlines
  • 📰 thedailybeast
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Three years before its doomed Titanic expedition, OceanGate had just under a half-million in pandemic loans forgiven.

Three years before it dispatched a submersible full of affluent passengers on a doomed expedition, OceanGate received $447,000 in government-forgiven loans through the Payment Protection Program. The Washington State-based company had just over $450,000 in pandemic loans forgiven, a database of PPP loan recipients created byshows. The loans, which came through lender Washington Trust Bank, were first approved on April 10, 2020.

submersible, which went missing while descending to explore the wreck of the Titanic at the bottom of the North Atlantic. The company

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

thedailybeast /  🏆 307. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Missing Titanic Submersible Posed Risk of ‘Extreme Danger' to Passengers, OceanGate Exec Warned in 2018Missing Titanic Submersible Posed Risk of ‘Extreme Danger' to Passengers, OceanGate Exec Warned in 2018The OceanGate Expeditions submersible vanished while diving toward the Titanic. Passengers include Hamish Harding and Pakistani businessman Shahzada Dawood.
Read more »

Suburban man took trip to Titanic wreckage on OceanGate's Titan submersible with CEO Stockton RushSuburban man took trip to Titanic wreckage on OceanGate's Titan submersible with CEO Stockton RushDavid Waud of Lake Forest was able to join an OceanGate expedition to see the Titanic wreckage in the Titan submersible two years ago with now-missing CEO Stockton Rush.
Read more »

What to know about OceanGate, the company behind the missing Titanic submersibleWhat to know about OceanGate, the company behind the missing Titanic submersibleOceanGate has conducted over 14 expeditions and more than 200 dives across the Pacific, Atlantic and the Gulf of Mexico, the company's website says. Here's what to know about the company:
Read more »

Titanic submersible live updates: All five on board likely dead, OceanGate says in releaseTitanic submersible live updates: All five on board likely dead, OceanGate says in releaseNews on the missing Titanic tourist submersible and the international rescue effort, including updates on the search as the estimated oxygen supply dwindles.
Read more »

Titanic Submersible Passengers Dead, OceanGate SaysTitanic Submersible Passengers Dead, OceanGate SaysThe 5 passengers aboard the submersible that went missing while attempting to explore the Titanic wreckage are dead ... according to the expedition company.
Read more »

OceanGate confirms missing Titan submersible passengers ‘have sadly been lost’OceanGate confirms missing Titan submersible passengers ‘have sadly been lost’The company states the debris found by rescuers appears to have originated from the vessel that was headed for the remnants of the Titanic.
Read more »



Render Time: 2025-03-06 07:39:58